Author: e_cash_top
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New Zealand’s CBDC roadmap enters design consultation stage
[ad_1] The Reserve Bank of New Zealand opened a new consultation period on a central bank digital currency (CBDC) on April 17. The current stage of development seeks input on “high-level design options for digital cash.” Digital New Zealand dollar Current plans describe digital cash denominated in New Zealand dollars (NZD) that retail users can…
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Top 4 accounting firm turns to Ethereum for blockchain-based business contracts
[ad_1] Big Four accounting firm Ernst & Young (EY) unveiled its new service for managing enterprise contracts via blockchain technology called OpsChain Contract Manager (OCM) on April 17. The tool is designed to manage complex, multi-party business agreements with enhanced security and privacy via blockchain technology. The service is currently running on the Polygon proof-of-stake…
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Worldcoin unveils World Chain, a Layer-2 network ‘built for humans’
[ad_1] Worldcoin Foundation announced on April 16 that it will launch a proprietary Layer-2 network on Ethereum called World Chain — describing it as a “new blockchain designed for humans.” World Chain is scheduled to launch later this year in the summer. The company did not reveal additional details about the launch. Worldchain The company…
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FLock to train decentralized AI models with IO Net to reduce centralized privacy risk
[ad_1] FLock.io, a platform for on-chain decentralized AI model creation, is partnering with DePIN network IO.Net, to enhance its capabilities with decentralized compute power. The projects are joining forces to improve decentralized AI training platforms through advanced decentralized computing. This partnership aims to address the critical vulnerabilities of centralized AI systems by promoting a distributed…
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Hong Kong’s Bitcoin, Ethereum ETFs projected to hit $1 billion in assets within two years
[ad_1] Bloomberg analysts have revised previous inflow predictions for Hong Kong’s newly approved Bitcoin and Ethereum exchange-traded funds (ETFs) to $1 billion within the first two years. Bloomberg senior ETF analyst Eric Balchunas had previously estimated the funds to garner roughly $500 million in inflows over a similar period due to doubts over Chinese investor…
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Ord.io prepares for new Bitcoin standard with $2 million funding boost
[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge, powered by Access Protocol. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Important: You must lock a minimum of 20,000 ACS If you…
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Bitcoin barely holds on to $60k as bears retest March lows
[ad_1] Bitcoin (BTC) took a downturn below $60,000 on April 17 as US markets began trading, marking a return to prices last seen in early March before the digital currency rallied to new heights. The flagship crypto touched a low of $59,658 before modestly recovering to around $60,800 as of press time, based on CryptoSlate…
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Polkadot parachain Polimec aims to transform Web3 fundraising via decentralized platform
[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge, powered by Access Protocol. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Important: You must lock a minimum of 20,000 ACS If you…
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US senators propose bipartisan stablecoin bill opening door to FDIC insurance in US
[ad_1] US senators Cynthia Lummis and Kirsten Gillibrand have jointly unveiled bipartisan legislation aimed at creating a clear regulatory framework for payment stablecoins, according to an April 17 statement. Dubbed the Lummis-Gillibrand Payments Stablecoin Act, the proposed law wants to “protect consumers, enable innovation, and promote US dollar dominance while preserving the dual banking system.”…
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Grayscale witnessing a double halving as Bitcoin holdings fall to 310k
[ad_1] Grayscale’s Bitcoin ETF continues to record steady outflows and has now fallen to half of the Bitcoin it held at the point of the trust’s conversion to a spot Bitcoin ETF. Unless Grayscale sees unprecedented inflows, it will see a halving of both its assets and Bitcoin block rewards this week. When the spot…